EC

IFC and TCX strengthen partnership to support capital flows into world’s poorest countries

November 13, 2020
The FINANCIAL — IFC, a member of the World Bank Group, and The Currency Exchange Fund (TCX) have bolstered their partnership to promote cross-border investment flows by helping investors manage currency risk in the world’s poorest countries. IFC is investing $10 million in TCX for its own account and $40 million as the implementing entity of the International Development Association’s

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